Jay-Z signs deal with Roc Nation & Universal Music
Music icon, Jay-Z has just made another powerful business move as he has just inked a multiyear deal with Universal Music Group.
The deal will see Universal Music house Jay-Z’s music label Roc Nation. Part of that deal includes the rights to release Jay-Z’s next album.
Also part of the deal is the rights to release the albums of mega-stars Rihanna and Shakira.
Jay-Z said that the deal would allow his Roc Nation label to “continue to operate as an independent label with the strength, power and reach of the best major.”
Jay-Z also made headlines earlier this month as he announced the start of his newest venture, Roc Nation Sports, allowing Jay-Z to manage high profile athletes such as Yankees slugger Robinson Cano.